Vamshi Konde
Boulder,USA
Summary
I am an SAP FICO Consultant with 4 years of experience. Possess implementation experience using Activate methodology, having good knowledge in different phases of life cycle and also worked in support projects. Good Experience in FI submodules like GL, AP, AR and AA and CO submodules like Cost Center Accounting, Profit Center Accounting, Cost Element Accounting, Internal Orders, Product Costing and Profitability Analysis. I also have good working knowledge with tools like LTMC and IDoc and many other third-party tools.
Overview
6
6
years of professional experience
Work History
SAP FICO Consultant
Bridge Bio (USA)
12.2022 - Current
- As FICO team member engaged in the design, realization, and testing, cutover and post go-live support phases resulting in implementation
- Group Reporting initiatives within SAP, contributing to the seamless consolidation and reporting of financial data
- Documented business process flows and “AS-IS” and “TO-BE” processes
- Setting up depreciation charts and Areas, Asset classification, defining GL accounts for FA integration with FI, performing depreciation run and Migration of Fixed Assets across Company Codes
- Identifying and defining House banks and Bank Accounts, setting up bank Groups to meet the client’s project needs and to help optimize bank selection in automatic and manual payment programs
- Customized bank related accounting, bank master data, house banks and G/L accounts in different currencies for each bank account and Electronic Bank Statement (EBS) CAMT and BAI2 file format
- Designed and implemented Profitability Analysis (CO-PA) worked with Account based COPA and Financial Reporting system at Cal Portland, this project entailed the maintenance of all required Characteristics and Value Fields
- Mapped SD condition types to value fields and configured PA transfer structure for flow of values from FI/MM to COPA
- Creation of COPA reports (Account based and Costing Based) for Sales and Margin analysis Yearly, Quarterly and period wise
- Also created COPA Line-item dynamic reports (Costing based) for analyzing Period to Date Gross sales, Net Sales, COGS, and Pricing Margin region wise, product wise and customer wise
- Designed user-friendly Reports with Drill-down capabilities using Report Painter functionality that exactly matched the needs and the requirements of the client
- Involved in Transactional Data Integration between Coupa and SAP - Invoices (Coupa to SAP), Purchase Orders (Coupa to SAP), Receipts (Coupa to SAP), Invoices (SAP to Coupa), Expenses (SAP to Coupa), Payments (SAP to Coupa)
- Configuration and Integration of SAP RAR with SAP Sales and Distribution
- Identify RAR relevant data from source for Order/Contract items, Fulfillment items and Invoice (planned and actual) item
- Revenue Recognition Configuration, Testing different scenarios, Integration RAR with SD/MM/COPA
- Cost and Revenue data flow from SD to RAR
- Contract management, Fulfillment, Invoice, Pobs, Revenue Recognition, Revenue/Cost posting to RAR
- POB Structure, POB Derivation using BRF+ rules
- Determination of SSPs (Stand Alone Selling Price), identifying distinct POBs (Performance Obligations) and allocation of Prices to recognize revenue.
SAP FICO Analyst
CF Industries
11.2020 - 07.2021
- Involved in implementation project
- Conducted workshops for FICO - General Ledger, Accounts Payable, Accounts Receivable, Asset Accounting, Controlling and Master Data
- Prepared Business Blueprint documents –FICO General Ledger, Accounts Payable, Accounts Receivable, Asset Accounting, Controlling and Master Data
- Created different G/L accounts centrally and at company code level, like expenses, revenue, cash, asset and liability
- Configured vendor account groups & assigned number ranges to vendor groups
- Maintained vendor group field status for general data, company code data & purchasing data which reflected on the vendor master records
- Defined EBS, lock box processing program, configured Lock Box processing at banks, worked on liquidity forecast, cash management and cash journal
- General Controlling - Maintaining and Activating Controlling Area components, Maintaining Versions and Number Ranges
- Cost Center Accounting - Defining Planning Layouts and Profiles, Creating Assessment and Distribution Cycles
- Profit Center - Defining Standard Hierarchy, Dummy Profit Center, Versions, Planning Layouts and Profiles, Creating Assessment and Distribution Cycle
- Internal order setup status profile for order type, maintained settlement rules, internal order planning, budget profile and setup tolerance for budget cost
- Configured settlement distribution cycles actual cost distribution
- Implemented successful integrations of FI with MM & SD that could handle the complete Purchase to Pay and Order to Cash cycles for all the business partners
- Re-engineered Drop-ship process and Intercompany Billing Process
- Effectively established the Product Costing (PC) system for computing the product cost estimates including creation of Costing Sheets
- Configured settings for standard cost estimate with structures like BOM, Routing, and made settings for additive costing to add transport and insurance costs to the material cost estimate
- Configuring material cost estimate with and without quantity structure, maintained settlement structures, configuring variance calculations and WIP calculation, integrating COPC with SD, MM and COPA
- Created the Operating concern, configured costing-based profitability analysis
- Defined and configured the reporting characteristics, value field, profitability segments used in profitability analysis
- Configured the derivative structures and rule for characteristics
- Defined both basic reports and form reports for the business units by profit centers to analyze the profit at customer and product levels
- Involved in the preparation of global blue template business print, designing & configuring the various R2R process
- Setting up EDI, SAP IDoc configuration.
SAP Junior FICO consultant
Hindustan Unilever Limited
06.2019 - 09.2020
- Worked in implementation project with SAP Activate Methodology
- Responsible for business process analysis, prototyping, and configuration of GL, AR, AP modules
- Responsible for standardizing and organizing the reporting structure which included development of reports using report writer and report painter
- Gathered financial requirements and mapped these requirements into an appropriate SAP FI/CO model
- Configuration of chart of accounts, account groups, document Types & No Ranges for GL
- Configured the FI submodules such as GL, Business Partner Approach (Customer/Supplier) and configured dunning activities based on business requirements
- Configured Asset Accounting: Defined Chart of Depreciation, Depreciation Areas, Asset integration with GL Accounts, defined Asset Classes & Master Data and defined Deprecation Key based on different Depreciation Methods
- Configured Automatic Payment Program for Outgoing Payments
- Implemented Dunning Program, running/editing dunning proposal and printing dunning notices
- Set up the integration of FI-MM and FI-SD process
- Created Cost centers Hierarchy and configured primary and secondary cost elements
- Configured Internal Orders and settlement profiles
- Uploaded Business Partner (Customer & Supplier) in S4 Hana using LTMC
- Involved in Unit, Integration and User Acceptance test
- Identified RICEFW objects to meet the client specific requirement.
SAP Junior FI Consultant
Veeco
08.2018 - 05.2019
- Provided support to end users
- Supported budget process by tracking expense records and documenting financial data
- Supported issues related to GL, AP, AR, AA and VAT/withholding tax, GST
- Configured dunning process for new customers
- Responsible for Month end process in FI like Posting depreciation of asset, Execution of APP, Foreign currency Valuations etc
- Performed administrative tasks and assisted with special projects to support finance department operations
- Shadowed team members to enhance skills and contribute to finance objectives.
Education
Master of Science - Computer And Information Science
SUNY Polytechnic Institute
Utica, NY05-2023
Skills
- SAP Finance - GL, AP, AR & AA
- SAP Controlling - CCA, CEA, PCA, CO-IC, CO-PC, COPA
- EBS, Lockbox and Foreign Currency Evaluation
- Concur, Coupa
Timeline
SAP FICO Consultant
Bridge Bio (USA)
12.2022 - Current
SAP FICO Analyst
CF Industries
11.2020 - 07.2021
SAP Junior FICO consultant
Hindustan Unilever Limited
06.2019 - 09.2020
SAP Junior FI Consultant
Veeco
08.2018 - 05.2019
Master of Science - Computer And Information Science
SUNY Polytechnic Institute
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